Breather.....Much needed breather for this stock; chance to get inside Bollinger’s band …..and maybe buy few more shares? Not for me …no but I know I won’t be selling any of my old position (established prior to Thrace euphoria) anytime soon. I also think that all this talk here on this board about dividend is a bit premature and more of a ‘wishful thinking’.
The reality is that VLE needs to move forward first with ‘hands on appraisal’ of what they bought & plan of action of how to monetize the unpaid for upside potential if there is any. The immediate drilling to take place was likely planned a while back by previous owners but any tangible new development is contingent on those results. I would hold off on counting any dividends for now & wait a year or so to see how VLE makes out on this deal.
G37